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TOL - Housing Recovery Is Sustainable And We Can See A Meaningful Upside Ahead
Toll Brothers Inc.
The U.S. housing sector has seen a dramatic recovery from its COVID-19 lows made in March-April time frame. The primary ETF which I (and most of the other investors) use to track this sector is iShares U.S. Home Construction (ITB). Homebuilders like D.R. Horton (DHI), Lennar (LEN), NVR (NVR), Pulte Homes (PHM) and Toll Brothers (TOL) account for ~61.62% of this ETF while rest is home improvement retailers like Home Depot (HD) and Lowe's (LOW), construction supply, fixtures and